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20130125
20130125
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Search Results 0 to 21 of about 22 (some duplicates have been removed)
CSPAN
Jan 25, 2013 6:00am EST
have a permanent, unlimited debt ceiling will kerr. this is constitutional -- will poker. as we have seen in the past it's also been a helpful tool not only on checks and balances but to enact spending reforms and restraints that can be helpful, although in my view have not been helpful as they have in the past. a third point is that the claim we heard earlier today that a short-term extension of the debt limit may raise the u.s. government debt service costs. that is highly speculative. but rooney 11 gao study showed significant results. three out of every five had no impact. the 2012 report was based on only one event. statistically inconclusive. the bipartisan estimate are based upon both of these gao studies, and they missed the point. the fact of the matter is unsustainable spending over time without doubt will raise cost of our borrowing in america. that's why we are all here today to deal with this issue, or attempt to give our best insight. i'd like to ask dr. foster a question with related to the debt ceiling. many of us see the other side of that coin as a credit downgrade,
MSNBC
Jan 25, 2013 9:00am PST
some of the filibuster reform. >> debt ceiling. >> the debt ceiling stuff. it seems like this is a city that he gets -- he is more of an insider in washington than he was four years ago. i will say about the denis mcdonough appointment, it's good to finally see a white guy get a top job. it's really -- they've been shut out. >> they gave him a chance. >> thanks god. >> there's a reason why this was held up. the president jokes about saying it's the best kept secret in washington. we've all known. we've all reported in various ways that he is the choice. what did they do yesterday? they appointed a female to be lady of the s.e.c. it mattered. the scheduling worked to stack this one today zoosh the optics on it. >> i actually had thought he was already named chief of staff. that's how bad the secret was. we have to take a break, but when we come back, senators and frenemies. they strike a deal for the much maligned filibuster. is it still business as usual in the upper chamber? we'll discuss next. with the spark cash card from capital one, olaf gets great rewards for his small busine
PBS
Jan 24, 2013 6:30pm PST
national debt ceiling even if as critics say the secretary of the treasury can prioritize payments and make the payments on the national debt, the government's going to be a deadbeat on something. it's bills to contractors, its salary obligations, something will happen and at least we've got that off the table for a few months. >> washington does this all the time. they have these short-term fixes. how do you feel about thoughs? >> it's better than nothing. what is the alternative, a government shutdown as we may be facing at the end of march. so if they keep doing these short-term fixes, at least we're not having a calamity. the problem, of course, is the longer you delay a lot of these things, the harder it gets. >> so put politic as side, what is the solution to this budget and debt cries snis. >> well, you remember bill clinton at the convention said arithmetic. it comes down to arithmetic. we've got this yawning gap between what the government takes in and what it spends. and realistically you've got to pov both ends this is what president obama calls balance and what the republic
CBS
Jan 24, 2013 7:00pm EST
s this dangerous for the economy? >> it's very dangerous. if you bump not national debt ceiling even if as critics say the secretary of the treasury can prioritize payments and make the payments on the national debt, the government's going to be a deadbeat on something. it's bills to contractors its salary obligations something will happen and at least we've got that off the table for a few months. >> washington does this all the time. they have these short-term fixes. how do you feel about thoughs? >> it's better than nothing. what is the alternative, a government shutdown as we may be facing at the end of march. so if they keep doing these short-term fixes, at least we're not having a calamity. the problem, of course, is the longer you delay a lot of these things the harder it gets. >> so put politic as side what is the solution to this budget and debt cries snis. >> well you remember bill clinton at the convention said arithmetic. it comes down to arithmetic. we've got this yawning gap between what the government takes in and what it spends. and realistically you've got to pov bot
CSPAN
Jan 25, 2013 6:00am EST
d.c.. when senator obama voted against raising the debt ceiling, he said he was doing so because the national debt was at an outrageous $8 trillion. he clarified for a fact -- $8 trillion, trillion with a 't'. now our national debt is over $16 trillion and climbing, larger than our tire economy and he is not a word about it at all. he calls a progress. his campaign slogan said it is forward. i've got news for the president, if washington's debt is going forward, america's economy is going backward. instead of worrying about managing the economy, it is time to address how we can lead america out where she can once again become the land of opportunity and once again become a place of growth and opportunity. we should put all our eggs in that basket as conservatives and republicans. we certainly do need folks in washington, d.c. to devote themselves to stop as president from taking this country so far off the ledge that we can i get back. we must stop what is rapidly becoming the bankrupting of our federal government. we, as conservatives, must dedicate our energies endeavors to growing
FOX News
Jan 25, 2013 6:00am PST
debt debate over the debt ceiling in july and august of 2011 and there an opportunity there and it came close, and i will not ascribe blame because there is probably enough going around when it looked like the president and john boehner were able to make a grand bargain, 3, $4 trillion in deficit reduction, it fell apart and rightly or wrongly it seems clear that the president and the white house decided at that point, we can't do business with these guys. boehner can't control the tea party element in his own house. and we're going to have to start running for president and running for president, pushing a liberal agenda. really from mid-summer, boehner says from labor day of 2011, he was very much running for president, pushing the liberal agenda. he was the protector of the middle class. and it is continued up through his re-election and now we see it in his inaugural address, very little talk about common ground. you know he basically dismissed his republican opposition as absolutism, as name-calling. i think you will see a very aggressive, assert tiff push by this president. in a s
FOX Business
Jan 24, 2013 8:00pm EST
this debt ceiling fight which will begin in a few weeks and then we will be back to square one. what we have faith in these guys? >> well, let me mention another statistic to give emphasis to this point that they cannot predict with these deficits and the spending will be like. you know, on the interest-rate issue, if we just have a 100 basis point increase in interest rate, that adds $1 trillion to the debt of the next ten years. these numbers are incredibly sensitive to changes in the economy, employment, interest rates, inflation. but when congress cannot find another. that is the problem with these budgets. it emphasizes, start to make long-term changes in the law with respect to the way these entitlements work. and if you do that you can change over a long time the direction of how much these programs like social security, medicare, medicaid go into debt. [talking over each other] >> i just wanted to come in here. they would not even consider another ratings downgrade last the medium term budget was not satisfactory, so they're not even looking for a short term. they're no
CNBC
Jan 25, 2013 6:00am EST
weren't totally ridiculous with the debt ceiling but they extend the debt ceiling -- >> richard, stay with us. austan you're here for the rest of the show. we'll have more. at 1:45, the aflac duck was brought in with multiple lacerations to the wing and a fractured beak. surgery was successful, but he will be in a cast until it is fully healed, possibly several months. so, if the duck isn't able to work, how will he pay for his living expenses? aflac. like his rent and car payments? aflac. what about gas and groceries? aflac. cell phone? aflac, but i doubt he'll be using his phone for quite a while cause like i said, he has a fractured beak. [ male announcer ] send the aflac duck a get-well card at getwellduck.com. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work t
FOX Business
Jan 25, 2013 12:00am EST
way or the debt ceiling. >> we will for this election cycle. >> john: but most of them lost. >> true. it is not easy to sign. it is hard to say you not increase bar wing are spending. john: therefore i pledge of unauthorized refund in new programs without offsetting cuts. i will not vote for any budget that is not balanced? that seems unrealistic. if you just slow the growth you could get a sadr trouble it is not unrealistic. >> the budget is not a blueprint. but the senate has not passed in the last 3-1/2 years. it is less relevant than the other two. >> it be a fiscal conservative senator but at least now he is on the record if he votes for new spending programs, he can be held accountable. john: of fox news poll asks government spending is out of control or managed carefully? sixty-two% said out of control but this year, 83%. why do people think that? >> if you ask mr. doo audience that but it. >> who your representative peter. but if you are spending 10,001 the need to do? the average person does not ask for the $5,000 raise but they will say i need to look at what i'm spending o
FOX Business
Jan 24, 2013 9:00pm EST
spending that does not offset others into not go increased our way or the debt ceiling. >> we will for this election cycle. >> john: but most of them lost. >> true. it is not easy to sign. it is hard to say you not increase bar wing are spending. john: therefore i pledge of unauthorized refund in new programs without offsetting cuts. i will not vote for any budget that is not balanced? that seems unrealistic. if you just slow the growth you could get a sadr trouble it is not unrealistic. >> the budget is not a blueprint. but the senate has not passed in the last 3-1/2 years. it is less relevant than the other two. >> it be a fiscal conservative senator but at least now he is on the record if he votes for new spending programs, he can be held accountable. john: of fox news poll asks government spending is out of control or managed carefully? sixty-two% said out of control but this year, 83%. why do people think that? >> if you ask mr. doo audience that but it. >> who your representative peter. but if you are spending 10,001 the need to do? the average person does not ask for the $5,
CSPAN
Jan 24, 2013 11:00pm EST
washington d.c. first the fiscal cliff, debt ceiling, joe biden's uncontrolled task force. these are sideshows we've allowed to take center stage in our country. as conservatives can with all the sideshow track. all of these debates are about government. governments and government power are the leading lady and they demanded government today. today's conservatives and disrupted the solving the hideous mess that is the federal budget, the mammoth federal debt, shortfall in entitlement programs. we seem to have an obsession with government bookkeeping. this is the wrong game for us to play. today's the fiscal cliff, tomorrow the fiscal armageddon. but i've got news for you. our government to stop the fiscal cliff. it happened years ago and every year for many years. today's conservatism is in love. if we can unite behind a proposal to cut the deficit and debt and put together a spreadsheet and powerpoint and tv out, all will be well. the succession procedures is focused on government. by accessing the service on the budget spreadsheet within a not-so-subtle signal to focus our country
FOX Business
Jan 25, 2013 4:00pm EST
clarity. we have some debt ceiling clarity. you give the market clarity, and improving economic numbers and decent earnings season hard for us not to rally higher. you know, we're closing over 1500. we closed over 1500 under monday. i think that is really bullish for the next couple of weeks at least through friday's employment numbers. i want to point out something really interesting that is happening. the jcj the correlation index. little in the weeds here. but what it really measures how stocks are correlating to the s&p 500. when stocks are correlating a lot, that's bearish stocks and it makes stock picking very, very difficult because really you're picking stocks, a slave to the overall market. that index is now at precrisis lows. so stock pick something now something we can do. something we haven't been able to do for a long period of time. so what are we seeing this first quarter? stocks are moving but the indexes are not. so you're being rewarded for being a good stock-picker and being penalized, apple, for being a bad stock-picker. david: mark, hold on a second. i have got to s
CNBC
Jan 24, 2013 7:00pm EST
bullish. look there's a reason why the republicans in the white house caved on the debt ceiling. the public is not with them on these issues. >> don't know. kate, you have a little different view. i think republicans now back in the driver's seat because they cooperated on raising the debt ceiling. they forced the senate democrats to put up a budget. the next thing will be the continuing resolution, short term spending cuts. i think the gop by stopping taxes is back in play, they are back in play. >> i love your optimism, larry. i wish i could be jumping up and down with you. but i'm afraid the republicans are in full retreat. i'm hoping -- i know they won't agree to this tax increase. the senator is absolutely right. but the problem is the democrats are using this as another opportunity to put republicans of throwing granny off the cliff, caring only about their millionaire and billionaire buddies. patty murray said we'll put it on the people who best can afford it. it worked for president obama, the democrats, like the cbs news political director said is to go for the jugular, to c
CNN
Jan 25, 2013 11:00am PST
posturing in washington. he says haggling over the raising of the debt ceiling and trying to avoid the fiscal cliff showed congress at its worst. chambliss served two terms in the senate. he anchored some conservative activists with his attempts to find a bipartisan solution to the nation's debt problem. >>> playing the lottery might become impossible for some people in north carolina. here's why. a state lawmaker wants to ban people receiving government assistance or those who have declared bankruptcy from playing. republican representative paul stan is helping to draft this legislation. he says welfare money should be used to help people survive, not for gambling. critics say everyone should be able to play. ♪ what's love got to do with it ♪ >> great song. >>> singing legend tina turner is saying good-bye to her u.s. citizenship and will soon be a citizen of switzerland. she is 73 years old. she moved to switzerland in 1995 with her long time partner and says she cannot imagine a better place to live. she needs at proval of the swiss federal authorities to make this official. >>>
CSPAN
Jan 25, 2013 2:00pm EST
thought he had the republicans over a barrel with the debt ceiling coming up with no time to announce any long-term balance budget framework or any kind of structural reforms to heanlt retirement programs. we had the short-term extension to give each chamber to go through order and pass a budget in our house. obviously, paul ryan and his team will work through, i think even a bolder budget to send to the senate. the senate and the president might not accept the bill we passed. but in fact, they are going to pass the bill and the president is going to sign it. as speaker boehner said, this is something the house should continue to do. we are in the opposition but we're in the majority but as the opposition we should take the opportunity to paint bold principles and stand by those and then we can campaign on those in the next two years. >> so, tom, you are a conservative. did you become conservative at some point, are you a natural born conservative? >> right from the beginning. i grew up in a very small town. my parents were not political at all. my father would not put up a yard sign unti
Search Results 0 to 21 of about 22 (some duplicates have been removed)